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Since inception in 1998, HIP has delivered solid performance, in terms of capital return and dividends, for its investors.
The financial highlights as at 2009 financial year end are:
- After exceeding the market return by 11.6% in the first half, this excellent performance was repeated in the second half with the portfolio before fees and tax decreasing by only 4.2% versus a 26.0% decline in the All Ordinaries Index over the twelve month period;
- This investment performance is reflected in the Net Asset Value per share which decreased by 8.2% from $1.47 at 30 June 2008 to $1.35 at 30 June 2009;
- Dividend and interest income showed a modest decline of 5.6%;
- The annual dividend of 8.5 cents remains unchanged from 2007/2008. The annual dividend was fully franked and also had attached an LIC attributable amount of 12.14 cents; and
- On-Market Buyback - bought 0.885M shares at an average price of $1.23 ($1.092M).
Hyperion Flagship Investments Performance vs. the All Ordinaries Index
| Annual Percentage Change |
| Year to |
Portfolio Return
Pre Fees |
Portfolio Return
After Fees |
NAV |
All
Ordinaries Index |
| June 1999 |
16.4% |
14.4% |
14.6% |
10.1% |
| June 2000 |
33.6% |
31.3% |
25.3% |
12.9% |
| June 2001 |
20.0% |
15.2% |
8.8% |
5.1% |
| June 2002 |
-5.0% |
-6.3% |
-9.3% |
-7.6% |
| June 2003 |
-9.4% |
-10.2% |
-14.6% |
-5.2% |
| June 2004 |
20.5% |
19.0% |
14.4% |
17.7% |
| June 2005 |
35.1% |
31.0% |
24.1% |
19.8% |
| June 2006 |
34.7% |
31.6% |
19.8% |
19.0% |
| June 2007 |
35.9% |
32.8% |
21.6% |
25.4% |
| June 2008 |
-24.1% |
-25.6% |
-31.3% |
-15.5% |
| June 2009 |
-4.2% |
-4.2% |
-8.2% |
-26.0% |
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